How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Lane, JD, CFP, MBA Your Own Question

Lane, JD, CFP, MBA
Lane, JD, CFP, MBA, JD, CFP, MBA, CRPS
Category: Finance
Satisfied Customers: 4491
Experience:  Providing Financial, Tax & Business advice since 1986
1929974
Type Your Finance Question Here...
Lane, JD, CFP, MBA is online now
A new question is answered every 9 seconds

What lenders would you recommend for a home equity loan..

Resolved Question:

What lenders would you recommend for a home equity loan.. I don't want to refi since i have a 3.125% mortgage but need to pull 1/2 of my equity out on my house in Show low AZ ...

need $15-30k for down payment on a business opportunity (buying a appliance store)
home value $120k
mortgage balance $45k
avail cash > slim to none
Submitted: 1 year ago.
Category: Finance
Expert:  Lane, JD, CFP, MBA replied 1 year ago.

Lane :

Hi,

Lane :

I would start by looking at COMMUNITY banks, those smaller independent banks in your community, where (especially as a new business owner) you can actually sit down with someone that you can start a relationship with (who might actually steer some business back YOUR way)

Lane :

You might start by looking at the community bankers association, and see who's a member in your area

Lane :

Hang on a sec and let me check something for you (but again, criteria no. 1 i my opinion is someone that will provide accountability and continuity - and you just don't get that with the big banks)

Lane :

... looks like th Arizona Bankers association is actually one of the newest member os the Nation assoc

Lane :

Here's the AZ listing: http://www.azbankers.org/members/

Lane :

I would start here: https://www.greatwesternbank.com/

Lane :

Also here's a great page for looking at the various lenders and their rates This one is for banks and mortgage co's doing business in AZ, and is specific to Mortgage rates generally - also has user ratings for each company): http://www.zillow.com/mortgage-rates/az/

Lane :

Here's the one that seems to have the best reviews and does especially well in ease of dong business (but the tradeoff is that there's none of that local business networking): http://www.zillow.com/mortgage/BorrowerQuoteDetail.htm?quote=ZQ-PYVXBFBZ

Lane :

Questions?

Lane :

I still don't see you coming into the chat here ... I'll move us to the "Q&A" mode ... Maybe that will help

Lane :

(We can still continue a dialogue there, just not in real-time as we can here in Live Answer ... Let me know if you have any questions at all)

Lane :

Lane

Lane :

If this HAS helped, I would appreciate a feedback rating of 3 (OK) or better … That's the only way they will pay us here.


HOWEVER, if you need more on this, PLEASE COME BACK here, so you won't be charged for another question.

Lane, JD, CFP, MBA, JD, CFP, MBA, CRPS
Category: Finance
Satisfied Customers: 4491
Experience: Providing Financial, Tax & Business advice since 1986
Lane, JD, CFP, MBA and other Finance Specialists are ready to help you
Expert:  Lane, JD, CFP, MBA replied 1 year ago.

Hi Mike,

... just checking back in, as I never saw you come int the chat.

Again, let me know if have any questions at all, or want to discuss further.

Lane
Expert:  Lane, JD, CFP, MBA replied 1 year ago.


Thanks much, Mike.

Good luck with the new venture!.

If I can help again, let me know.

Just say "For Lane Only," at the beginning of any other questions, if you'd like.

Thanks again,
Lane

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response... T.G.W Matteson, IL
< Last | Next >
  • I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response... T.G.W Matteson, IL
  • I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight. Bonnie Chesnee, SC
  • Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation. John Minneapolis, MN
  • Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with. Orville Hesperia, California
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
 
 
 

Meet The Experts:

 
 
 
  • Rakhi Vasavada

    Financial and Legal Consultant

    Satisfied Customers:

    2073
    Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
< Last | Next >
  • http://ww2.justanswer.com/uploads/RA/rakhi.v/2012-7-3_14374_RakhiVasavadaL.64x64.jpeg Rakhi Vasavada's Avatar

    Rakhi Vasavada

    Financial and Legal Consultant

    Satisfied Customers:

    2073
    Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
  • http://ww2.justanswer.com/uploads/BU/BusinessTutor/2012-2-2_115741_Kouki2.64x64.jpg Manal Elkhoshkhany's Avatar

    Manal Elkhoshkhany

    Tutor

    Satisfied Customers:

    1890
    More than 5000 online tutoring sessions.
  • http://ww2.justanswer.com/uploads/MY/MyVirtualCPA/2012-7-5_44024_cookmegan1.64x64.jpg Megan C's Avatar

    Megan C

    Certified Public Accountant (CPA)

    Satisfied Customers:

    1755
    Licensed CPA, CFE, CMA who teaches accounting courses at Master's Level
  • http://ww2.justanswer.com/uploads/JK/jkcpa/2011-1-16_182614_jkcpa.64x64.jpg JKCPA's Avatar

    JKCPA

    CPA

    Satisfied Customers:

    838
    Bachelors degree and CPA with Accounting experience.
  • http://ww2.justanswer.com/uploads/starside8/2010-2-16_55433_DSCN1175.JPG Eric's Avatar

    Eric

    Financial Manager

    Satisfied Customers:

    558
    Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.
  • http://ww2.justanswer.com/uploads/FA/fastfile/2011-12-15_23139_Klein2011small.64x64.jpg R. Klein, EA's Avatar

    R. Klein, EA

    Accountant

    Satisfied Customers:

    397
    Intuit Ask a Tax Expert. QuickBooks Certified Pro Advisor (all editions)
  • http://ww2.justanswer.com/uploads/dkaplun/2009-05-17_173121_headshot_1_2.jpg Dimitry K., Esq.'s Avatar

    Dimitry K., Esq.

    Attorney

    Satisfied Customers:

    324
    NASD Licensed Rep, 1997-2001, Business Attorney
 
 
 

Related Finance Questions

Chat Now With A Financial Professional
Lane, JD, CFP, MBA
Lane, JD, CFP, MBA
JD, MBA, CFP, CRPS
760 Satisfied Customers
Providing Financial, Tax & Business advice since 1986